Friday, November 6, 2009

THE WAR ON THE MIDDLE CLASS

Subject: txt 1st hcarea =
Remember what Barack Obama said about Hillary Clinton's health plan?

"Hillary's health care plan forces everyone to buy insurance, even if you can't afford it…and you pay a penalty if you don't."

Welcome to Obama Care:

  • Require every American to buy a health insurance plan that will be designed in Washington and (through time) be shaped and molded by special interest pressures or pay a hefty tax.
  • Cause millions of families to move from private coverage to Medicaid and S-CHIP programs (where health care access is much more limited).
  • Cause millions of Americans to obtain insurance in an artificial market (the 'Exchange'), where insurers will have perverse incentives to underprovide to the sickest patients.
  • Nationalize the private health insurance marketplace by effectively outlawing a real market for health care risks.

But unlike Hillary's plan, this bill has two additional harsh features:

  • A 35 percent tax on private health insurance -- initially targeting "Cadillac" plans, but eventually reaching all plans.
  • An employer play-or-pay mandate that is effectively an implicit tax as high as 26 percent or more on the wages of middle-income workers.

READ MORE


image toon - 1st hcare = Dems hcare = use until private care gone

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